Capitalism

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Capitalism is an economic system characterized by the ownership of private property, competition for economic goals and free marke...

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Beschreibung

Capitalism is an economic system characterized by the ownership of private property, competition for economic goals and free market economy. In modern capitalism wealth is accumulated, distributed and maintained by individuals or corporations in competitive market. Although capitalism has been prised for its ability to stimulate economic growth, capitalistic practices, such as a short-term focus on profits, call for a reinvention of this economic system. Learn more about capitalism, its history and types in this book.